Free Technical Indicators for MetaTrader 5 - 37

MerkatDD — Your Watchdog for Floating Drawdown on MT5 Profit tells you a setup worked. It never tells you how close it came to not working. What it does Like a meerkat on sentry duty, MerkatDD never looks away from the worst floating drawdown your positions have ever hit — live, per EA, per setting, fully automatic. Attach it to a chart and it starts. No setup. Two setups both up $400 look identical on an equity curve. One got there through a $90 hole, the other through a $900 hole. MerkatDD sho

SignalFlow Pro - Professional Trend Analysis System SignalFlow Pro is a modern trend-following indicator designed to identify market reversals accurately and timely. Key Features: Dual-Color Trend Lines: Turquoise line - uptrend Fuchsia line - downtrend Clear visual separation for easy trend identification Signal Arrows: Blue arrow (↑) - Buy signal Pink arrow (↓) - Sell signal Arrows appear automatically when trend changes Customizable Parameters: Amplitude (2) - sensitivity level Arrow codes a

I present the well-known Moving Average indicator connected to the ATR indicator. This indicator is presented as a channel, where the upper and lower lines are equidistant from the main line by the value of the ATR indicator. The indicator is easy to use. The basic settings of the moving average have been saved, plus the settings for the ATR have been added. Moving Average Parameters: MA period Shift MA Method Moving Average Parameters: ATR TF - from which timeframe the values are taken A

Engulfing Overlap Zone by RWBTradeLab A clean, non-repainting engulfing OVERLAP detector for MetaTrader 5 — the most selective member of the RWBTradeLab engulfing family. It finds the rare, high-interest moment when a FAILED engulfing zone is overlapped by a CONFIRMED opposite engulfing zone: trapped traders on one side, fresh confirmed pressure on the other, both at the same price area. All from CLOSED candles only. What This Indicator Does The indicator runs a 3-step detection chain: Step

Project the Bigger Picture, Trade Every Timeframe with Higher-Timeframe Confidence and Execute with Precision!   Professional traders understand that every quality trade begins with top-down analysis. However, traditional workflows require constant switching between multiple charts and timeframes, interrupting concentration and increasing the likelihood of missing important higher-timeframe information. This repetitive process slows analysis, disrupts execution, and makes it harder to maintain

Weis Waves is a technical indicator developed by David Weis, inspired by Richard Wyckoff’s principles. Unlike traditional volume, which is shown bar by bar, Weis Waves accumulates volume into bullish or bearish “waves,” restarting the count whenever price changes direction. This method allows traders to clearly see the true strength of market moves , as each wave reflects the intensity of the volume behind a sequence of candles. Key features: Groups volume into buying and selling waves. Highl

Overview The Sierra Capital Multi‑Timeframe EMA Indicator is a free analytical tool designed for traders who rely on multi‑timeframe trend confirmation. It displays short‑, medium‑, and long‑term Exponential Moving Averages (EMAs) from higher timeframes directly on your current chart. This allows you to evaluate trend strength, momentum alignment, and market structure without switching charts or disrupting your workflow. Key Features Shows EMAs from up to three higher timeframes on a single char

A Range Detector Indicator is a technical analysis tool designed to automatically identify when the market is not trending and is instead moving inside a sideways consolidation structure (range) . In professional trading systems, it is less about drawing boxes and more about classifying market state : trend vs range. To understand it properly, you need to see it as a market regime detector , not just a support/resistance tool. 1. What a “range” actually means (core concept) A market is consid

ENGLISH VERSION (FREE INDICATOR) Smart ZigZag Signal & Statistics Monitor – FREE Multi‑Timeframe Indicator Free automated trading signals based on ZigZag peak ratios, live trade tracking, win/loss statistics, and one‑click signal inversion – designed to work with the commercial Smart Logic Executor PRO EA. This indicator is completely FREE.   Use it standalone or as a signal source for the paid Expert Advisor   Smart Logic Executor PRO   (sold separately). Key Features   6 Adjustable Ran

Stop guessing your lot size. Risk Panel calculates it for you in real time, directly on your chart. Risk Panel is a lightweight indicator that displays a professional dashboard on your MetaTrader 5 chart. Every time you open a trade, you instantly know how many lots to use to respect your risk management rules. WHAT IT SHOWS: - Exact lot size calculated from your capital, risk percentage and stop loss - Capital at risk in USD — know exactly how much money you are risking per trade - Real pip

MSX Heikin Ashi Advanced Overview MSX Heikin Ashi Advanced is a MetaTrader 5 indicator designed to provide a smoothed visual representation of price movement using a modified Heikin Ashi calculation. The indicator applies Heikin Ashi calculations to user-selected price sources and displays color-based candles that may assist with trend observation and market structure analysis. Features • Modified Heikin Ashi candle calculation • Real-time candle updates • Multiple applied price options • Color

Overview I will not ask for your review or rating coz its depend on you. Wat you feel better after use it. This is a custom candle coloring indicator for MetaTrader 5 (MQL5) . It colors each candle on the chart according to its position within a repeating daily cycle (e.g., 1st, 2nd, or 3rd candle of the day), while also distinguishing between bullish and bearish candles for each position. The main purpose is to visually highlight specific candles of the day (especially the first candle of each

Pure Trend Logic MT5 — Профессиональный алгоритм следования за трендом Pure Trend Logic MT5 — это воплощение классической торговой стратегии в современной интерактивной оболочке. Индикатор предназначен для трейдеров, которые ценят чистоту графиков и математическую точность. Система объединяет три уровня анализа цены, позволяя находить точки входа с математическим преимуществом. ### Философия индикатора: В основе лежит «золотое правило» трейдинга: торгуй по направлению основного потока. Мы взяли

The ultimate precision tool for Gold (XAUUSD) trading. Combines Range Filtering, Matrix EMA Ribbon, and Smart Engulfing Logic to deliver high-probability signals with automated Entry & SL mapping. Full Description: Matrix Gold Trading is not just an indicator; it’s a comprehensive trading logic designed for high-volatility markets. By combining the legendary Matrix EMA system with modern price-action filters, it identifies the "True Trend" and eliminates market noise. Key Features: Smart Entry/S

What does this indicator do? Stochastic Signal Pro analyzes market momentum using an optimized Stochastic Oscillator to detect: Overbought zones Oversold zones High-probability reversal points It automatically generates Buy and Sell signals directly on the chart. Key Features Buy & Sell arrows No repaint signals Works on MT5 All timeframes All symbols (Forex, Gold, Indices, Crypto) Beginner friendly Lightweight & fast Alerts Included MT5 popup alert Sound alert Push notif

Indicator Description 4 Hull MA Color + Envelopes is a powerful trend-following indicator for MetaTrader 5 that combines four Hull Moving Averages (HMA) with Moving Average Envelopes to clearly identify market direction, trend strength, and potential reversal or pullback zones. This indicator is designed to reduce noise, react quickly to price movement, and provide a clean visual structure for professional trading.   Key Features   4 Hull Moving Averages (20, 50, 100, 200) Automatic color change

VWAP for IntradayTraders Session-aware VWAP lines for fast, precise scalps. Best used with OmniFlow Intraday Trading system : https://www.mql5.com/en/market/product/179364 ️ Inputs (MT4/MT5) Enable_Hourly_VWAP: Toggle hourly VWAP. Enable_Asia_VWAP: Toggle Asia session VWAP. Enable_Europe_VWAP: Toggle Europe session VWAP. Enable_NA_VWAP: Toggle North America session VWAP. Enable_Extended_VWAP: Toggle extended session VWAP. Enable_Daily_VWAP: Toggle daily VWAP. Asia Session (GMT) Session_Asi

Titan Oturum Öldürme Bölgeleri Smart Money Concepts (SMC) veya Market Profile yöntemlerini kullanan her profesyonel yatırımcı, zamanlamanın fiyat teslimatında kritik bir unsur olduğunu bilir. Asya birikimi, Londra manipülasyonu ve New York dağılımı algoritmik gün içi fiyat hareketinin temel sütunlarını oluşturur. Titan Session Killzones, bu kritik işlem pencerelerini temiz, profesyonel ve müdahaleci olmayan bir görsel düzen kullanarak doğrudan grafiğinize yansıtır. Temel Özellikler: Gelişmiş Oto

There are various indicators and methods to identify trends in a chart. TickVolumeIndicator is one of them. It helps you identify and predict future trends by displaying past trends using tick data.  TickVolumeIndicator is an indicator which draws colors on viewable candles in the chart using the tick volumes. Tick volumes are bid and ask values. Users can choose either tick's bid and ask counts or pip changes for the candles' timeframe. Ask counts are added once ask value is greater than previo

KSQ S&D Signal Assistant (Top-Down MTF) The KSQ S&D Signal Assistant is a professional-grade, multi-timeframe decision support tool designed specifically for Supply & Demand and Smart Money Concept (SMC) traders. Instead of cluttering your chart with dozens of lagging indicators, this assistant works quietly in the background to analyze top-down market structure. It only alerts you when a highly specific, 3-point confluence occurs between the higher timeframe trend and lower timeframe order flo

The HammerStar indicator is designed to search for the Hammer and Shooting Star patterns on charts of any currency pairs. Hammer Downward trend. The lower shadow is not less than 2 and no more than 3 times larger than the body. There is no upper shadow, or it is very short (no more than 10% of the candlestick range). The color of the body in the long game is not important, with the short - white hammer is much stronger than the black one. Confirmation is suggested. Shooting Star Uptrend. The u

Drawdown Guard is a free MetaTrader 5 dashboard that tracks your daily and weekly equity drawdown against your own limits — and warns you before you breach them. Works alongside any trading style, manual or automated, and any strategy: it doesn't care how you trade, only how much you've lost so far. What it does: - Daily loss limit tracking — set a % of balance or a fixed $ amount; the dashboard shows your current day's P&L against it in real time. - Weekly loss limit tracking — same idea, tra

The DR IDR Range Indicator  plots ADR, ODR and RDR ranges for a given amount of days in the past. A key feature that appears is that it calculates the success rate of the ranges for the shown days. This indicator is perfect for backtest since it shows ranges for all of the calculated days, not just the most recent sessions. PRO VERSION https://www.mql5.com/en/market/product/93360 Remember: this free version counts neutral days as true days , so stats might be slightly inflated. To get perfect a

MT4 version Overview The Lowess Channel indicator is a smoothed trend-following tool designed to help traders identify the direction of the trend , detect flat or ranging markets , and spot breakouts from consolidation zones. It creates a central smoothed line with upper and lower channel boundaries, adapting to market noise while maintaining clarity. How It Works The indicator builds a channel around a smoothed price line. The central line reflects the current trend. The upper and lower bounda

In-Depth Analysis of the "ICONIC TRENDLINE SIGNAL" Indicator The provided MQL5 code is for a sophisticated, multi-faceted trend-following indicator designed for the MetaTrader 5 platform. It moves beyond simple line crossovers by integrating trend strength , volatility , multi-timeframe analysis , and a quantitative scoring system into a single, comprehensive decision-support tool. 1. Core Trading Strategy and Logic The indicator's strategy is built upon a robust, multi-layered logical framewor

The indicator is designed for displaying the following price levels on the chart: Previous day's high and low. Previous week's high and low. Previous month's high and low. Each of the level types is customizable. In the indicator settings, you set line style, line color, enable or disable separate levels. Configurations ----Day------------------------------------------------- DayLevels   - enable/disable previous day's levels. WidthDayLines   - line width of daily levels. ColorDayLines   - line

Adaptive Grid Elite Pro Indicator - Professional Trading Signal Indicator Transform Your Trading with Intelligent Divergence Detection and Grid Strategy Guidance AGE Pro MT5 EA https://www.mql5.com/en/market/product/144042 Adaptive Grid Elite Pro Indicator  is a sophisticated technical analysis indicator that combines advanced divergence detection with intelligent grid trading guidance. This indicator provides professional-grade signal generation with complete visual guidance for grid trading st

。。。。。。。。。。。。。。。。。。。。。。。。。。。。。。。。。。。。。。。。。。。 This indicator is based on Bollinger Bands indicator. It helps user clearly know the Band is expand or contract. The method of use is the same as the traditional Brin channel index. Users can use different color areas to distribute forest channel indicators in expansion or contraction stage. -------------------------------------------------------------------------------------------

Multi-Timeframe Overbought and Oversold Confluence Dashboard TAGLINE Five oscillators. One clear market-extreme dashboard. PRODUCT OVERVIEW OscillatorFusion Navigator MT5 is a professional multi-timeframe oscillator dashboard created to identify overbought, oversold, neutral, and extreme market zones. It combines five popular oscillators and measures how many of them agree at the same time. The indicator analyzes: - Relative Strength Index - Stochastic Oscillator - Williams Percent Range

Tyr Bands Indicator (IC MARKETS GOLD). Just drag and drop. This indicators gets you entry points for the market. it is for gold, but you can configure for any other currency. Tyr Band works with BB and 3 different deviations, plus the Stochastic confirmation. So when the price closes below/above the BB Reversal Band (Red) and the Stochcastic is in the confirmation zone, then the arrow (buy/sell) appears. This arrow indicates that we can entry to the market up/down on the next opening. Since it i

Trend Tracking Indicator with Input Signal Average Filter This indicator acts as a trend tracker and filter, using moving averages as entry signals. Moving averages are key to determining different trend horizons: - The standard 200-period primary average indicates the long-term trend. - The 50-period secondary average indicates the medium-term trend. - The 20-period tertiary average indicates the shortest trend. - The nine-period average serves as an entry trigger for immediate actions. This

Candle Timer displays a live countdown timer showing exactly how much time remains before the current candle closes. It updates every 500 milliseconds, giving you a near-real-time readout directly on your chart — no more guessing when the next bar will form. Key Features & Advantages Two flexible display modes Corner Overlay — pins the timer to any corner of your chart screen (top-left, top-right, bottom-left, bottom-right), staying fixed as you scroll or zoom. Ideal for keeping the timer always

Catalyst Indicator Catalyst Indicator is a MetaTrader 5 technical-analysis indicator designed to help users study price movement, momentum, and multi-timeframe market conditions. It is intended for chart analysis, education, and technical confirmation across different instruments supported by the user's broker. Core idea The indicator combines moving-average behavior, momentum readings, and multi-timeframe observation to help users build a clearer view of market structure. It is especially usefu

INSTITUTIONAL SESSION PRO - Smart Money Zones PROFESSIONAL SESSION HIGHLIGHTER FOR SERIOUS TRADERS Institutional Session Pro is a FREE, professional-grade indicator designed to help traders identify and visualize key institutional trading sessions, liquidity zones, and high-volume candles with precision and clarity. Perfect for ICT methodology, Smart Money Concepts (SMC), and institutional trading strategies. KEY FEATURES SMART MONEY SESSIONS Asian Session Range with automatic High/Lo

Gain a crystal-clear perspective on market volatility with the Candle Amplitude Oscillator. This lightweight and efficient tool moves beyond simple price analysis to show you the     true energy   within each candle, helping you make more informed trading decisions. Instead of guessing whether a market is active or quiet, this indicator gives you a precise, standardized measurement of volatility that works on any symbol and any timeframe. What is Candle Amplitude? Candle Amplitude measures the

ToolBot Advisor Indicator (RSI, ATR, ADX, OBV) FREE   An effective indicator for your negotiations The toolbot indicator and advisor brings leading (OBV) and lagging (RSI, ATR, ADX) indicators so that you have more security in your negotiations. In addition, it informs you of possible up and down trends as well as providing you with incredible advisors who will give you information about trading opportunities. With this indicator you will have more security and speed in your decision making of

Description The Profit and Loss Indicator by Creative Tech Solutions is a robust and comprehensive tool designed to help traders monitor their trading performance in real-time. This indicator provides detailed metrics on profits and drawdowns, ensuring traders are always informed about their trading activities and performance. With customisable alerts and display settings, this indicator is an essential tool for any serious trader. Features Real-Time Metrics : Monitor profit and drawdown percent

Hello! My name is Saullo and I am an MQL5/4 programmer specializing in custom services for Metatrader. This is a very simple indicator that shows on the chart the history of the spread of each candle of the chart's asset. Follow me on instagram: @saullo_algotrader If you need custom development services for metatrader contact me on instagram. Thank you very much!

For those Price Action traders who love to trade strong Price points, like yesterday's HIGH and LOW, here is an indicator to ease the identification of those values, drawn directly on your chart! MIN/MAX of the Day will automatically draw 2 lines showing you those points for you, AND, if you like any HIGH and LOW in the past, not just yesterday's prices. It can also be configured to additionally show today's HIGH and LOW prices - just configure the refresh rate of those lines at your own taste/s

SMA-ATR-Visual Indicator The SMA-ATR-Visual is a technical analysis indicator designed to assist traders in identifying market trends, measuring volatility, and visualizing potential entry signals on the chart. Main Components Simple Moving Averages (SMAs): The indicator plots two SMAs — a fast SMA (default 9-period) and a slow SMA (default 21-period) — to help detect short and medium term trend direction. ATR-Based Volatility Bands: Upper and lower bands are calculated using the Average True R

MT5 Visual Theme Indicator – Clean Chart and Full Customization Enhance the appearance of your charts in MetaTrader 5 with this fully customizable visual indicator, designed to provide a clean, modern, and easy-to-read trading environment. This indicator does not generate signals or open trades. Its sole function is to optimize chart visualization to help you analyze the market with greater clarity. If you find this useful, please leave a 5-star rating and follow me for future tools, indicators,

Transparent Renko Overlay Indicator Overview Transparent Renko Overlay Indicator displays Renko bricks directly on the main price chart as a semi-transparent overlay. Unlike traditional Renko charts that require a separate offline window, this indicator allows traders to view standard candlestick price action and Renko structure simultaneously on the same chart. The overlay helps identify trend direction, price noise, and consolidation phases without losing time-based market context. Key Feature

SuperTrend Indicator for MetaTrader 5 The SuperTrend Indicator is a classic trend-following tool designed to help traders identify the current market direction with clarity and precision. Based on Average True Range (ATR), it dynamically adapts to price volatility to outline potential support or resistance levels in trending markets. Key Features Trend Visualization Displays color-coded trend lines directly on the chart: • Uptrend – green line • Downtrend – red line Signal Arrows Shows arrows

Input Parameters JawPeriod   (default=9): Period for the blue line JawShift   (default=0): Shift for the blue line TeethPeriod   (default=7): Period for the red line TeethShift   (default=0): Shift for the red line LipsPeriod   (default=5): Period for the green line LipsShift   (default=0): Shift for the green line  Signals Bullish Conditions When price moves above all lines (all lines turn Lime) Potential buying opportunity Confirms upward momentum Bearish Conditions When price moves below all

True Days is a tool designed specifically for the trader who wants to catch intraday volatility in price charts.  True day makes it easier for the trader to avoid trading in the dead zone - a period in time where markets are considered dead or non volatile. The trader can concentrate on finding opportunities only during periods of profound market movements. By default the indicator gives you a true day starting at 02:00 to 19:00 hours GMT+2. You can adjust according to your Time Zone. By deafult

主要城市的时间。北京时间、东京时间、悉尼时间、惠灵顿时间、纽约时间、法兰克福时间、伦敦时间、迪拜时间。 城市时间可选择开启或者关闭。 点差变色提醒。设置点差提醒点数，例如，设置100点，点差大于100点，文字会变红色。 Time in major cities. Beijing time, Tokyo time, Sydney time, Wellington time, New York time, Frankfurt time, London time, Dubai time. City time can be turned on or off. Dot difference color change reminder. Set the point difference reminder points. For example, set 100 points. If the point difference is greater than 100 points, the text will turn red.

This indicator, often referred to as an Auto-Fibonacci Retracement Tool, is a technical analysis script designed to identify potential support and resistance levels based on the "Golden Ratio." Unlike the standard manual tool, this version automatically scans a specific lookback period (e.g., the last 100 candles) to find the absolute Swing High and Swing Low, drawing the levels for you in real-time. How to Use it for Trading 1. Entering a BUY Trade (Long) You use the Fibonacci levels to find "

Aurum Xau Vector is a professional trading indicator designed specifically for Gold / XAUUSD. The indicator combines price geometry, Fibonacci-style target alignment, ATR-based risk zones, MACD confirmation, candle confirmation, session filtering, and alert notifications in one clean tool. It is built for traders who want fewer but more selective Gold signals. Instead of printing many random arrows, Aurum Xau Vector focuses on quality filtering and can be configured to allow only one signal p

This indicator identifies and highlights market inefficiencies, known as Fair Value Gaps (FVG), on price charts. Using a custom algorithm, the indicator detects these areas of imbalance where the price moves sharply, creating potential trading opportunities. Indicator Parameters: Bullish FVG Color (clrBlue) : Color used to highlight bullish inefficiencies. The default value is blue. Bearish FVG Color (clrRed) : Color used to highlight bearish inefficiencies. The default value is red. Bullish FVG

Are you a  trend surfer like us? Do you use Moving Averages too? Ever wanted the are between them to be painted? Yeah, we solved this problem with the Filled MAs indicator! It is very simple, just puts two fully customizable Moving Averages on chart and fill the space between them, changing the color as they intersect. Thanks to gmbraz for the version 1.1 idea. Any questions os suggestions please contact me! Enjoy! This is a free indicator, but it took hours to develop. If you want to pay me a

Sandwich Candle Scanner Pro Sandwich Candle Scanner Pro is a high-precision price action tool specifically engineered to detect Sandwich (Three-Method) candlestick patterns automatically. This indicator is a powerful asset for traders focusing on high-probability reversals and trend continuations, particularly effective on volatile assets like XAUUSD (Gold) , Indices, and Major Forex pairs. Stop hunting for patterns manually. Let this professional scanner do the heavy lifting, ensuring you never

Price Action Auxiliary Indicator Suite 4-4 ATR/ATR% Numerical Indicators This is a set of price action auxiliary indicators that I use regularly in my trading, covering the basic needs of price action trading. It can be loaded and used on any instrument. A boon for manual price action trading, providing multiple auxiliary functions. Non-price action traders should purchase with caution, as this set of indicators does not provide any buy or sell signals; it is purely auxiliary. This indicator

The Kalires Channel Indicator is a technical indicator used to evaluate trend direction and potential trading opportunities. This is a hybrid indicator that combines Kauffman Adaptive Moving Average (KAMA), linear regression and smoothing. The Kalires Channel Indicator consists of two lines: one central and two outer bands. The central line is a smoothed KAMA modified according to the direction of the trend. The outer bars represent two linear regression lines drawn above and below the center l

Hi Traders, Simple, clear, and essential for every trader. It helps keep your chart clean and informative. // In case you open multiple positions, your chart becomes crowded and messy. Then, you may want to hide "Trade levels" and only concern about the averaging buy or average sell level. // In case you want to know at which price your account would reach the broker’s stop-out threshold (i.e., the price at which your account would be “burned”). //You may also want to get your account's PnL an

The Point-Percent Price Channel (PPPC or PP Price Channel) indicator is designed to display on the chart a channel whose width is specified both as a percentage of the current price and in points. Its appearance is presented on slide 1.             When the market moves up, the upper border of the channel is built at the price of High candles. In this case, the lower boundary follows the upper one at a strictly specified distance. When the price touches the lower border of the channe

For those traders and students who follow the famous brazilian trader Igor Rodrigues (Mago Trader) here it is his famous 2 EMAs - based on Phi ratios - and packed with a twist: a Filling Area , to easily and visually spot the corresponding trend on the chart. You can turn On and Off this filling. If you don't know Igor Rodrigues and you are a brazilian trader and student, just google for him... Very simple and useful indicator. If you are looking also for the MACD -based indicator of this trade

Trend Candles Lifeline is an advanced momentum-based trend visualization indicator designed to help traders instantly identify market direction without cluttering the chart. The indicator analyzes price momentum, moving average divergence, and trend acceleration to determine whether the market is bullish, bearish, or neutral. Instead of displaying additional lines or oscillators, it colors the price candles directly on the chart, making trend recognition fast, simple, and intuitive. Green candl

VWAP Bands Indicator – Volume Intelligence for All Markets   The VWAP Bands Indicator is a professional tool based on the Volume Weighted Average Price (VWAP), designed for traders who seek an objective reading of institutional flow, volatility, and market equilibrium. More than just a central line, the indicator combines cumulative VWAP with three dynamic volatility bands, providing a clear view of value, market excess, and reversion toward fair price throughout the trading day. Why use the VW

Force Index MTF is an advanced implementation of the classical Force Index oscillator, enhanced with multi-timeframe (MTF) capabilities. By calculating the product of price movement and volume, it quantifies the raw power behind market fluctuations, helping traders distinguish significant trend continuations from minor pullbacks. As a momentum-volume oscillator, the Force Index measures the strength of buyers and sellers. Positive values indicate dominant buying pressure (accumulation), negative

Mahdad Candle Timer MT5 — Real‑Time Candle Countdown Mahdad Candle Timer is a lightweight and precise MetaTrader 5 indicator that displays the remaining time until the current candle closes, shown directly beside the latest bar. It is designed for traders who rely on accurate timing — whether scalping, day trading, or waiting for candle confirmation in swing setups. Key Features Accurate Countdown – Remaining time in HH:MM:SS (optional milliseconds) Dynamic Placement – Always aligned with th

This indicator uses a different approach from the previous version to get it's trendlines. This method is derived from Orchard Forex, and the process of making the indicator is demonstrated in there video   https://www.youtube.com/watch?v=mEaiurw56wY&t=1425s . The basic idea behind this indicator is it draws a   tangent line   on the highest levels and lowest levels of the bars used for calculation, while ensuring that the lines don't intersect with the bars in review (alittle confusing? I know

ATR Short Box Anchor MT5 ATR Short Box Anchor MT5 is a visual risk-reward indicator for MetaTrader 5, specifically designed for planning short setups. The indicator creates an ATR-based short box directly on the chart, including entry, stop-loss zone, take-profit zone, and optional risk-reward information. The indicator works with a freely movable anchor point. This anchor defines the desired entry price and the candle whose ATR value is used for the calculation. This allows a short setup to be

Apply to the 5 minute timeframe against the major USD forex pairs. AUDUSD EURUSD GBPUSD USDCAD USDCHF USDJPY Highlights the PropSense Book Levels Turn on/off for Sydney, Asia, London and New York Sessions Shows the Tokyo and London Fixes Turn on/off for Tokyo and London Configure how many historical fixes to show Shows the Sessions Turn on/off visible indication for sessions (supports 4 sessions) Visibly shows the sessions (out of the box configuration for Sydney, Tokyo, London and New York) Hig

This indicator   is a sophisticated MetaTrader 5 tool that calculates and displays Average Daily Range (ADR) levels on your chart. It draws horizontal lines representing expected price movement ranges based on historical daily volatility, helping traders identify potential daily high and low targets. ADR (Average Daily Range)   = The average difference between the daily high and low over a specified period (default: 14 days). Unlike ATR which includes gaps between days, ADR focuses purely on int

Detailed Description: The EMA Trend Histogram Indicator is a powerful tool for traders seeking clear trend identification based on the widely-used Exponential Moving Averages (EMAs).This indicator  provides an easy-to-interpret histogram  and helps you simplify trend identification by using the 50 EMA and 200 EMA on two crucial timeframes: H1 and H4. By observing the relationship between short-term and long-term EMAs on multiple timeframes, this indicator provides a quick and clear view of mark

We at Minions Labs love to study, challenge and discover new facts about Price Behavior in current markets. We would NOT call it Price Action because today this is a word totally overused and means, thanks to the False Prophets out there, absolutely NOTHING. The study hypothesis we propose is this: Some Assets, in certain Timeframes, present a behavior of Price continuity when the candlesticks close without a Wick on them... So the purpose of this indicator is to "color" those candlesticks who

Projective SR - Real-Time Projected Support and Resistance Projective SR is an advanced indicator that automatically detects key support and resistance points on the chart and projects them diagonally and dynamically into the future , anticipating potential areas where the price might react. Unlike traditional indicators that only show static, fixed levels, Projective SR analyzes price geometry , identifies the most relevant pivots, and draws sloping lines that adapt to market movement. These li

> Elevate Your Trading Strategy  This free tool is just the beginning. At  code4trading , we specialize in developing high-performance indicators and Expert Advisors designed for precision and professional-grade analysis. Looking for more advanced features?   Discover our full suite of premium tools, including optimized signals, advanced oscillators, and institutional-grade trading utilities at our official MQL5 store. > Explore the full catalog here:   https://www.mql5.com/en/users/pablogx9

StopLevel   The meter controls the STOPLEVEL level. When the level changes, it signals with an alert. STOPLEVEL - the   minimum offset in points from the current closing price for placing Stop orders, or the minimum allowable stop loss / take profit level in points. A zero value of STOPLEVEL means either the absence of a restriction on the minimum distance for stop loss / take profit, or the fact that the trading server uses external mechanisms for dynamic level control that cannot be transmitte

MultiFrame Momentum Indicator The MultiFrame Momentum is an advanced indicator that simultaneously analyzes multiple market timeframes to identify moments of directional convergence . Its unique design seeks momentum coincidences across different timeframes, generating clear visual signals via a line that changes between green (bullish) , red (bearish) , and gray (neutral) . Essential Configuration and Testing The indicator's effectiveness is entirely dependent on the customized timeframe config